Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.98% | +0.55 | 1.44% |
| Return on Equity (%) | ▲ | 19.36% | +4.18 | 15.18% |
| Net Interest Margin (%) | ▲ | 4.20% | +0.53 | 3.67% |
| Efficiency Ratio (%) | ▲ | 49.49% | -5.76 | 55.25% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.03 | $3 |
| Cost of Funds (%) | ▲ | 1.56% | -0.13 | 1.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $675 | +59.20 | $615 |
| Gross Loans ($M) | ▲ | $441 | +34.67 | $407 |
| Loan Growth YoY (%) | ▼ | 74.15% | -0.16 | 74.31% |
| Total Deposits ($M) | ▲ | $588 | +47.26 | $541 |
| Shareholders Equity ($M) | ▲ | $70 | +11.09 | $59 |
| Tang. Book Value ($M) | ▲ | $70 | +11.17 | $58 |
| TBV excl. AOCI ($M)** | ▲ | $76 | +11.90 | $64 |
| Loan / Deposit Ratio (%) | ▼ | 74.15% | -0.16 | 74.31% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.06% | -0.14 | 0.20% |
| Allowance / Loans (%) | — | 1.21% | 0.02% | 1.19% |
| Net Charge-Off Ratio (%) | ▲ | 0.10% | -0.21 | 0.31% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅▇█ | Net Interest Margin (%) | 3.38% | 3.44% | 3.56% | 3.67% | 3.76% | 3.85% | 4.09% | 4.20% |
| ▁▁▂▂▄▅██ | Return on Assets (%) | 1.28% | 1.30% | 1.40% | 1.44% | 1.61% | 1.65% | 1.93% | 1.98% |
| ██▅▆▄▃▁▁ | Efficiency Ratio (%) | 58.5% | 58.0% | 54.7% | 55.2% | 52.5% | 51.5% | 48.5% | 49.5% |
| ██▄▅▆▃▁▁ | Cost of Funds (%) | 1.80% | 1.79% | 1.67% | 1.68% | 1.72% | 1.63% | 1.54% | 1.56% |
| ▄▄█▇▆▃▁▂ | NPA / Assets (%) | 0.12% | 0.12% | 0.25% | 0.20% | 0.18% | 0.09% | 0.02% | 0.06% |
| ▄▄█▇▆▃▁▂ | Net Charge-Off Ratio (%) | 0.18% | 0.17% | 0.37% | 0.31% | 0.26% | 0.14% | 0.04% | 0.10% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $54 | $53 | $56 | $58 | $62 | $65 | $66 | $70 |
| ▁▁▄▄▅▆▇█ | Gross Loans ($M) | $379 | $384 | $405 | $407 | $414 | $425 | $430 | $441 |
| ▁▂▃▅▅▆██ | Total Deposits ($M) | $488 | $511 | $525 | $541 | $549 | $560 | $579 | $588 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 14% |
| Consumer | 5% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 13% |